The Amazon of Southeast Asia Picks Up $250M In Funding

The Amazon of Southeast Asia Picks Up $250M In Funding

Online shopping startup Lazada picked up $250 million from several investment firms—with Singapore-based company Temasek leading things. Founding company Rocket Internet joined the ...
China's eBay Purchases Share in China's Twitter

China’s eBay Purchases Share in China’s Twitter

Online retailer Alibaba has bought 18% of the Sina Corporation’s Weibo, China’s extremely popular microblogging service. The purchase was made for $586M and shows an active attempt ...